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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Non-deposit-taking Saccos will beginning this month pay an annual regulatory fee as they fully come under the purview of the industry regulator - the Saccos Societies Regulatory Authority (Sasra).
The Annual Sacco Societies Levy has been put at 0.1 per cent of the total non-withdrawable deposits held by a Sacco as per its audited accounts for the preceding year.
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